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Shanthi Gears - Quaterly Results

09 May 2024 Evaluate
The March 2024 quarter revenue stood at Rs. 1536.40 millions, up 24.51% as compared to Rs. 1234.00 millions during the corresponding quarter last year.The company has announced a 31.90% increase in its profits to Rs . 256.80  millions for the  quarter ended March 2024 compared to Rs. 194.70 millions in the corresponding quarter in the previous year.Operating profit for the quarter ended March 2024 rose to 361.30 millions as compared to 294.30 millions of corresponding quarter ended March 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 1536.40 1234.00 24.51 5360.50 4456.50 20.28 5360.50 4456.50 20.28
Other Income 95.20 27.80 242.45 210.60 112.40 87.37 210.60 112.40 87.37
PBIDT 361.30 294.30 22.77 1228.50 1010.70 21.55 1228.50 1010.70 21.55
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBDT 361.30 294.30 22.77 1228.50 1010.70 21.55 1228.50 1010.70 21.55
Depreciation 42.20 28.80 46.53 132.10 108.80 21.42 132.10 108.80 21.42
PBT 319.10 265.50 20.19 1096.40 901.90 21.57 1096.40 901.90 21.57
TAX 62.30 70.80 -12.01 273.90 231.40 18.37 273.90 231.40 18.37
Deferred Tax -5.90 -19.00 -68.95 -6.50 -22.60 -71.24 -6.50 -22.60 -71.24
PAT 256.80 194.70 31.90 822.50 670.50 22.67 822.50 670.50 22.67
Equity 76.70 76.70 0.00 76.70 76.70 0.00 76.70 76.70 0.00
PBIDTM(%) 23.52 23.85 -1.40 22.92 22.68 1.05 22.92 22.68 1.05
Peers
Company Name CMP
SamvardhanaMotherson 164.00
Tube Investments 2650.00
Bosch 48602.60
UNO Minda 1223.50
Bombay Burmah Trdg. 1436.50
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